Top Biden Econ Advisor Jared Bernstein Squirms When Confronted With Biden’s Own Words On Debt Limit


#shorts Top Biden Econ Advisor Jared Bernstein Squirms When Confronted With Biden’s Own Words On Debt Limit. All right. On 2/5/2023, Fox News host Shannon Bream asked Top Biden Econ Advisor Jared Bernstein, “Here’s one member explaining his intention to vote no on raising the debt ceiling, because this massive accumulation of debt was predicted, because it was foreseeable, because it was unnecessary, because it was the result of willful and reckless disregard for the warnings that were given and for the fundamentals of economic management.”

BERNSTEIN: So, I don’t know who that lawmaker is.
BREAM: Well, let me tell you, it was President Joe Biden —
BERNSTEIN: Oh, OK.
BREAM: — back in 2006.
BERNSTEIN: So, look —
BREAM: But does he have a point because Republicans say that’s their position now.

BERNSTEIN: No, the Republicans’ position is they are threatening to default in order to get what they want and the debt ceiling should never be used as that kind of threat.

We have an economy that is you and I have been discussing is growing strongly. The idea that you would put that at risk, the idea that you would put full faith and credit of the most important debt security in the world, U.S. treasuries, at risk is just antithetical to anything this president stands for.

BREAM: But is that — but is that what President Biden was doing when he said this in 2006 and voted no?
BERNSTEIN: Now, in 2006 —
BREAM: In 2004.

BERNSTEIN: Well, this was — in 2006, let me make this point, in 2006, do you remember a debt ceiling debate that was anywhere close and as heated as this one?

other clips of this published longer video is here: https://youtu.be/rhybUtDd-is
Top Biden Econ Advisor Jared Bernstein Squirms When Confronted With Biden’s Own Words On Debt Limit

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